Industries Feedback Committee asks NSIC to allow repeat participation in same exhibition at Marketing Assistance Scheme

New Delhi, Feb 10 (KNN) In order to develop business relation and to explore possibilities for export, MSME should be allowed repeat participation in the same exhibitions consecutive year as well, the Industries Feedback Committee on Marketing Assistance Scheme (MAS) suggested NSIC.

It said, “…in case of same exhibition being finalized in calendar of events for next year.  For this if budget is the limitation, then NSIC should take up with the Ministry for its enhancement under MAS.”

A meeting of Industries Feedback Committee on MAS was held in NSIC on January 09, 2017. Ravindra Nath, CMD, NSIC, chaired the meeting.

The Corporation had earlier invited suggestions from various industry associations for inclusion of foreign exhibitions in the calendar of 2017-18 under Marketing Assistance Scheme.

During the meeting, the committee members suggested to circulate the above list to other members of Industries Feedback Committee for their inputs. 

In case of costly stall rentals for minimum size of stalls, NSIC may book space with the organizer and allocate proportionate smaller spaces (3 sqm, 4.5 sqm, 6 sqm etc.) in the booked space to all participating MSMEs to ease the cost burden of the units willing to opt smaller space size, the committee said. 

In order to develop business relation and to explore possibilities for export, MSME should be allowed repeat participation in the same exhibitions next year as well, in case of same exhibition being finalized in calendar of events for next year.  For this if budget is the limitation, then NSIC should take up with the Ministry for its enhancement under MAS. 

Component of visit to foreign exhibitions should also be added in Marketing Assistance Scheme, which presently is under International Cooperation Scheme of the Ministry. In such foreign exhibitions, NSIC may book a stall and catalogues/leaflets of visiting MSMEs may be displayed, the committee added. 

During the meeting, the Committee decided to the committee members to provide feedback/suggestions, if any, on the draft tentative list of foreign exhibitions for participation during 2017-18 by 6.02.2017. 

Based upon suggestions from ASKMI & IFSIA, NSIC will take up with Ministry of MSME for inclusion of new component of ‘Organizing visit to Foreign Exhibitions’ with provision of booking a space by NSIC, the Committee decided.  

NSIC also decided to write to the Ministry requesting for an enhanced budget under Marketing Assistance Scheme for 2017-18. (KNN Bureau)